Ireland faces second mortgage arrears crisis when payment breaks end this autumn, leading financial advisers warn   

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Ireland is heading into a second arrears crisis as a significant number of people availing of payment breaks will be in no position to restart paying their mortgages this autumn, leading financial services experts have warned.

Irish lenders struck agreements with the Central Bank and the Government -- which owns significant stakes in the Irish banks -- to extend an initial three-month payment break to six months as the Covid-19 economic crisis unfolded.